As has been stated many times, all OTA consider July 1st the enforcement date.Naturally, they have filed a lawsuit to stall, but have explicitly stated they will COOPERATE with the law...We have a record of working with governments around the world to put in place fair rules that protect home sharing and take into account the unique goals of each community, and litigation is never our preferred course of action.At the end of the day, AirBnB is going to follow the law.

And do the existing tenants cooperate?

I think it's better to go through a title company because they have more resources and they're a neutral party that can request better cooperation than an attorney that you hire. 

In my decades in the industry once one moves from voluntary cooperation to legal action, everyone loses even if they are “right”.To be clear the written agreement is important no doubt but it’s not easy or inexpensive to enforce the terms of an agreement if the other party refuses to honor their commitment. 

Hello again Cooper (I like the name)The difference between Fixed Assets and Other Current Assets is that Fixed Assets, as you can see below,  is for buildings, land, machinery, Equipment and Vehicles.  

Quote from @Chelsey Cooper: Hi all- Looking for people within the area who are interested in investing?

I'd appreciate any insights on this matter.I understand the advice of not buying if it's not vacant and asking the owner to evict them, but if I'm really set on buying and the owner won't cooperate, what are my options?

However we were already working on the documents to apply for the permit (we owned the house for a total of 1 month), and we are cooperating, so the town didn't fine us and is helping us through the permit process.  

Always operate with a standard policy and when applicants do not cooperate you immediately reject their application.

Obviously there is no limit and it is what's reasonable without significant disruption to the tenant, which for a cooperative tenant may be that you're not worried about that space.